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Good afternoon, I'm looking for a bank that will offer 80% LTV for a cash out re-finance (30 year fixed) on a 3 unit multifamily, non-owner occupant. The property is located in Baltimore, MD. Please let me know if you...
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I have a good amount of equity in my home and just got approved to take out 85% of it with a HELOC at 5.99%. The goal is to start buying properties with this cash but I realized if I were to leverage a loan with my HE...
Happy New Year everyone,So straight to the point. July of 2017 I purchased my first home using the VA home loan benefit for $218,000.4 bedroom/2 bath. Was looking at the best way to get some cash on hand to invest in ...
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Hello BG Community!I'm interested in a cash out mortgage refinance. Here's the current situation. We currently have a 15-year mortgage from Wells Fargo on this 3-bedroom, 2-bathroom SFR in downtown Raleigh. We owe ...
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Hi,
My initial dive into real estate investing was converting a primary residence into a rental property when we bought a new house. When we bought the first house, we signed a 15 year, which we are currently 5 years...
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How much does it typically cost to do a cash out refinance?Besides a seasoning period, what are some other requirements that I should expect?I am trying to run some numbers here and see if the cost of a cash out refin...
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Hello BP members. I've got a property valued at $90,000. I borrowed $70,000 cash to buy and rehab the property. Short term loan from friend. Now I need to pay the 70k back. My goal is to continue doing this a few tim...
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Ladies and gentlemen,What would you folks except closing costs to be on a cash out refinance in the amount of $150,000 (lender and escrow fees)? Say the transaction has zero points. Would you expect it to vary much fr...
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Thinking of purchasing a 3 bedroom 1 bath house with fha financing. Would like to fix it up and pull equity out of it within a 2 year period to buy a duplex. Trying to pull comps right now. Thinking the arv should be ...
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Hi all! I am in the middle of my first BRRRR deal....a small 1,500 sq/ft duplex in Southern Maine. I was wondering if anyone knows a nationwide lender that is doing 80% LTV refinances on residential multi-families. I ...